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Insurance Australia — nrma presentations wild weather tracker autumn 2021
26 slides from Insurance Australia's investor presentation, 2021
Slide 1: NRMA Insurance Wild Weather Tracker – Autumn 2021
NRMA Insurance Wild Weather Tracker ISSUE ONE – AUTUMN 2021 Autumn 2021: Flooding and storms cause most severe weather claims in a season since Black Summer 1
Slide 2: Contents
CONTENTS Foreword 03 Wild weather snapshot: NSW, QLD and ACT 05 Community preparedness 07 NSW 09 Autumn claims overview 10 Community preparedness 14 QLD 15 Autumn claims overview 16 Community preparedness 18 ACT 19 Autumn claims overview 20 Community preparedness 22 First Saturday: A Monthly Day to
Slide 3: Foreword: Helping Australians prepare for more extreme weather
FOREWORD Helping Australians prepare for more extreme weather Australians are exposed to just about every type of wild weather this world can throw at them. And as the climate continues to change, extreme weather is becoming more severe, frequent, and unpredictable. In the last two years alone we’ve
Slide 4: About the Wild Weather Tracker
As Australia’s leading general insurer, we see first-hand the heartbreaking impact severe weather like this has on our customers and communities. Beyond providing the immediate and practical support our customers need during and after a disaster, we’re always looking for ways to help communities bec
Slide 5: Autumn 2021 snapshot: NSW, QLD and ACT
Autumn 2021 snapshot: NSW, QLD and ACT Most devastating autumn on record How autumn 2021 compares Autumn 2021 set a record for severe weather home 16K claims on the East Coast This autumn, NRMA Insurance received the most severe weather home claims in a single extreme weather was almost triple the f
Slide 6: Autumn 2021: A seasonal comparison
Autumn 2021: A seasonal comparison 45K Black 40K Summer 35K 30K 25K NSW & SE QLD March storms 20K Cyclone Debbie 15K 10K 5K 0 SPRING SUMMER AUTUMN WINTER SPRING SUMMER AUTUMN WINTER SPRING SUMMER AUTUMN WINTER SPRING SUMMER AUTUMN WINTER SPRING SUMMER AUTUMN WINTER SPRING SUMMER AUTUMN 2015 2015-16
Slide 7: Community preparedness
Community preparedness Which states and regions feel most prepared for wild weather? We asked residents in NSW, QLD and the ACT to rank on a scale of 1 to 100 how prepared they feel to respond to wild weather. A score of 1 represents ‘not prepared at all’ while 100 is ‘as prepared as I can be’. ACT
Slide 8: Looking ahead: A wet forecast for winter 2021
Looking ahead 14,128 14,128 14,128 A wet forecast for winter 2021 JUN JUL AUG NRMA Insurance Principal Research Analyst for Climate and Natural Perils, Dr Bruce Buckley, says residents in NSW, south east QLD and ACT should get prepared for a wet winter: “We can expect a warmer, wetter winter in many
Slide 9: Autumn 2021 New South Wales snapshot
Autumn 2021 New South Wales snapshot 9
Slide 10: NSW autumn claims overview
NSW autumn claims overview Devastating storms and floods sees NSW experience most severe autumn in five years 15000 Autumn home claims caused by severe weather 12K 12000 The heavy rain and flooding that devastated NSW communities in March 10K 2021 saw severe weather home claims far exceed a typical
Slide 11: NSW areas most impacted by wild weather in autumn 2021
NSW areas most impacted by wild weather in autumn 2021 The Mid-North Coast, the Hunter and North-West Sydney were the hardest hit regions in NSW, while Port Macquarie recorded the most severe weather home claims of any town or suburb in the state. Regions Towns and suburbs 11
Slide 12: Autumn's most severe weather event
Autumn’s most severe weather event March rain and floods in NSW and SE QLD. Starting on 18 March 2021, heavy rainfall and flash flooding hit large parts of NSW and south east QLD, leaving thousands of homes and businesses devastated and taking a heartbreaking physical and emotional toll on the affec
Slide 13: Major Event team response
“We have a dedicated Major Event team that operates all year round, so they are always ready to help.” NRMA Insurance, Executive General Manager, Direct Claims Luke Gallagher said “When the rain and flooding started, our team focused on providing immediate support for our customers, such as temporar
Slide 14: NSW community preparedness
NSW Autumn 2021 community NSW wild weather ready score* preparedness 59/100 14,128 We asked residents in NSW how worried they are about wild weather, 1.2 how prepared they feel and what actions they’ve taken to help make them, their family and their property more resilient. 39% have taken steps duri
Slide 15: Autumn 2021 Queensland snapshot
Autumn21 Autumn 2021 Queenslandsnapshot Queensland snapshot 15
Slide 16: QLD autumn claims overview
QLD autumn claims overview Hail, storms and flash flooding Autumn home claims caused by severe weather hits unprepared Gold Coast 3000 3000 Heavy rain and flooding devastated SE QLD communities during March 2021, 2500 2500 leading to the most severe weather home claims during a QLD autumn since Cycl
Slide 17: QLD areas most impacted by wild weather in autumn 2021
QLD areas most impacted by wild weather in autumn 2021 While the Gold Coast was the hardest hit region in the state (with 26% of all claims coming from the region), residents also told us they feel unprepared to respond to severe weather. Regions Towns and suburbs 17
Slide 18: QLD community preparedness
QLD Autumn 2021 community QLD wild weather ready score * 66/100 preparedness 14,128 We asked residents in QLD how worried they are about wild weather, how prepared they feel and what actions they’ve taken to help make them, their family and their property more resilient. 53% 596,000 55% have taken s
Slide 19: Autumn 2021 Australian Capital Territory snapshot
Autumn21 Autumn 2021 Australian Capital Queensland Territory snapshot snapshot 19
Slide 20: ACT autumn claims overview
ACT autumn claims overview ACT spared worst of damage yet claims still up on previous years Autumn home claims caused by severe weather Severe weather claims slightly above average in ACT 350 Just under half (43%) of all home claims in the ACT in autumn 2021 350 were the result of severe weather - t
Slide 21: ACT areas most impacted by wild weather in autumn 2021
ACT areas most impacted by wild weather in autumn 2021 Gordon, Kambah, Isabella Plains, MacGregor and Monash were the hardest hit suburbs in the ACT this autumn. 21
Slide 22: ACT community preparedness
ACT Autumn 2021 community ACT Community Preparedness Rating* 57/100 preparedness 14,128 We asked residents in the ACT how worried they are about wild weather, how prepared they feel and what actions they’ve taken to help make them, their family and their property more resilient. ONLY 14,128 43% have
Slide 23: A monthly day to help
A monthly day to help A monthly day to help In partnership with the NSW State Emergency Service, NSW Rural Fire Service and Australian Red Cross, we’re encouraging Australians to set aside one weekend a month to complete small tasks to make their homes safer and help protect against natural disaster
Slide 24: Resources and contacts
Resources and contacts IAG Climate Action Plan Queensland SES www.iag.com.au/safer-communities/our-climate-action-plan ses.qld.gov.au Severe weather factsheets Bureau of Meteorology IAG has released fact sheets on bushfire, flood and tropical cyclones to bom.gov.au help educate Australians and encou
Slide 25: Appendix – Community preparedness
Appendix – Community preparedness NSW and ACT QLD Rank Region Score Rank Region Score 1 The North Coast 73 1 Far North Queensland 74 2 Mid-North Coast 70 2 Central Queensland 73 3 Far South Coast 69 3 Wide Bay Burnett 72 4 Illawarra and the South Coast 67 4 North Queensland 69 5 The Riverina 63 5 Da
Slide 26: Appendix – Impacted by wild weather in autumn 2021
Appendix – Impacted by wild weather in autumn 2021 NSW QLD Towns & Towns & Rank Region Rank Rank Region Rank Suburbs Suburbs Mid North Coast Gold Coast 1 1 Port Macquarie 1 1 Maroochydore (21% of all claims in NSW) (25.9% of all claims in QLD) Albany Creek & Newcastle and Hunter Valley Brisbane Nort
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